O
regon's housing market has hit a snag, bucking the trend of lawmakers' efforts to boost homebuilding. The state's poor performance is reflected in Realtor.com's latest report card, which gave Oregon a failing grade alongside six other states. Ranked 45th out of 50, Oregon trails behind in terms of affordability and construction.
While the US faces an estimated 4 million-unit housing shortage, the worst of it is concentrated on the coasts, leaving the South and Midwest with more affordable options for first-time buyers. Despite Governor Tina Kotek's ambitious construction goals set in 2023, forecasts indicate Oregon will fall short.
The report card highlights a stark contrast between Oregon's struggles and other states' successes. Montana, which experienced a real estate boom during the pandemic, earned a D grade, while South Carolina took top honors with an A grade, followed closely by Iowa and Texas.
realestate
Oregon Fails Housing Affordability, Homebuilding Test
Oregon's housing shortage worsens despite lawmakers' efforts to boost homebuilding.
Read More - realestate
realestate
Listings launch with AI tours, live tours for TikTok: Swipe scroll apply
Launching today, the app aims to be the go‑to listing platform for the phone‑obsessed era.
Read More - realestate
realestate
Carroll County Auditor Exempts 2025 Real Estate Assessment Fund Fees
Staci Brady’s decision redirects ~$800k to local tax districts, easing property taxes amid statewide reappraisal concerns.
Read More
realestate
Wells Fargo's $570M Irving Campus Opens – Texas Real Estate Center
Wells Fargo opens $570M Las Colinas campus in Irving, developed by KDC Real Estate Development & Investments.